1 CAD+VAD = 61.656 INR Interbank/ mid-market Rate at: 25-09-2023 12:43:27
Customers looking for forex rates have to constantly struggle to find the actual Canadian Dollar rates today in Vadodara. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Canadian Dollar exchange rates today in Vadodara. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Canadian Dollar exchange rates today in Vadodara by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include CAD currency notes, CAD forex cards, CAD traveler’s cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s CAD rate in Vadodara”. Little do customers know that in the the name of “today’s CAD rate in Vadodara”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to CAD price fluctuation on account of the CAD being traded globally just like any other financial security. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s CAD rate in Vadodara” which are much higher. Charging “today’s CAD rate in Vadodara” provides a cushioning effect to avoid incurring losses due to CAD price fluctuation in the market because just like stocks CADs are also traded electronically across the globe like any other financial security. In the name of “today’s CAD rate in Vadodara”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CAD price fluctuation.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India’s leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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